Flagship Students – Get ready for the Eco Test on 21st


Hello,

This is the first blog on the pehle aap segment for the prelims initiative that comes along with our Prelims test series.

Those who have not registered yet, can do so by registering on the Flagship Prelims Portal – Click the link to register and attempt the TS1

Firstly tap your back on your performance on the Polity Test. Almost all the candidates have at least attempted the test and attempted really well. Our observation of candidates on the testing platform and queries after that gave us the insight that candidates have begun their preparation on a serious note. We really appreciate your efforts and this gives us the motivation to work harder and bring more quality content and a better test each time for you guys.

Our observations from the first test:

Most of the candidates appearing in the first test lacked detailed reading of the NCERT’s. This is what differentiates the bright candidates from the bigger lot.

What can be more frustrating than reading a concept and attempting the same thing wrong in the test!

This test should have been an eye opener to all the candidates. Pull up your socks and start preparing meticulously.

NOTE 1: The explanations pdf has been uploaded on the portal. Download it and revise it thoroughly. Click here to go to the portal.

NOTE 2: If you want to read the 5 most difficult/ controversial questions which most got wrong in TS1, click to read this post

Guidance on Economy for the TS2 on 21st 

 “Economic and Social Development – Sustainable Development, Poverty, Inclusion, Demographics, Social Sector initiatives, etc.”

These are the exact words when it comes to the defined syllabus by UPSC for Indian Economy.

So how do we dissect the syllabus and make it sure that we don’t miss out on any part of the syllabus. The break up of syllabus is done on the basis of above-mentioned topics and Previous Year Questions. Refer the following: 

  • Topic 1: Introduction to Economics
  • Topic 2: Economic Growth and Development
  • Topic 3: Inflation and Deflationary systems in India
  • Topic 4: Money and Banking Systems
  • Topic 5: Public Finance: Monetary Policy
  • Topic 6: Public Finance: Fiscal policy
  • Topic 6A: Indian Budgetary System
  • Topic 6B: Indian Taxation System
  • Topic 7: Planning in India
  • Topic 8: External Sector (External Sector/Foreign Trade, Balance of Payment (BoP), Capital and Current Account Convertibility, Exchange Rate, Forex Reserves)
  • Topic 9: International Organizations (World Bank, International Monetary Fund, World Trade Organization)
  • Topic 10: Economy Current Affairs and Economic Survey

Looking at the above decoded syllabus we have figured out an effective preparation plan for Indian Economy. Please refer to the following sources for the first test as the entire test would be based on the NCERT’s: 

1. Economics (Class IX)

2. Understanding Economic Development (Class X)

3. Indian Economic Development (Class XI)

4. Introductory Microeconomics

5. Introductory Macroeconomics

Please go through the above mentioned sources really well. Our test will be extraordinarily ordinary.


Here’s a sample question with explanation from the upcoming test

#1. What were the risk involved in Green Revolution ?

1. It would increase the disparities between small and big farmers

2. HYV (High Yielding Variety) crops were more prone to attack by pests and the small farmers who adopted this technology could lose everything in a pest attack.

Which of the following is/are correct ?

a) Only 1

b) Only 2

c) Both 1 & 2

d) None of the above.

Ans (c)

Explanation-

– While the nation had immensely benefited from the green revolution, the technology involved was not free from risks. One such risk was the possibility that it would increase the disparities between small and big farmers—since only the big farmers could afford the required inputs, thereby reaping most of the benefits of the green revolution.

– Moreover, the HYV crops were also more prone to attack by pests and the small farmers who adopted this technology could lose everything in a pest attack.

[Source: Chapter 2 – Page 24, Indian Economic Development XI]

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